Saint Georges AveRahway, NJ 07065

For Sale
$955,000

High-Visibility, Renovated Professional Building

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a renovated professional building situated on a 0.16-acre lot in a high-visibility location on Saint Georges Avenue, Rahway, NJ. The property, boasting a strong lease history, is currently under lease until June 30th, 2026, with a five-year renewal option, ensuring a consistent income stream for the investor. Renovated in 2011, the building features modern amenities including a two-zone heating and central air conditioning system, contributing to both tenant comfort and operational efficiency. A recent professional appraisal has been conducted, further solidifying the property's value and investment potential. The building offers a compelling return for investors, with a projected cap rate of 8.9%. This property is an ideal addition to any commercial real estate portfolio, providing both immediate income and long-term growth prospects. The prime location on Saint Georges Avenue ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The existing lease agreement and renewal option provide stability and predictability, minimizing risk and maximizing returns. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Serious inquiries are encouraged.

Property Details for Saint Georges Ave

Property type
Other commercial real estate
Year Built
1900
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Rahway
County
Union
State
New Jersey
Latitude
40.59195
Longitude
-74.29081
Saint Georges Ave, Rahway, New Jersey

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Saint Georges Ave
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